Large Whale Purchases 1474 WBTC Amid Market Changes
8/16/2024 3:17:38 AM
According to @ai_9684xtpa, a large whale or institution with the address 0x50f...4bF21 bought 1474 WBTC worth $84.03 million from Galaxy Digital OTC seven hours ago. This purchase comes at a time when WBTC is significantly affected by a 'custody change.' MakerDAO has passed and executed a proposal to reduce the WBTC collateral scale, indicating that WBTC's largest backer no longer supports its use in the DeFi ecosystem. (Source)
DeFi WBTC Galaxy Digital MakerDAO custody changeMore from Ai 姨 (@ai_9684xtpa): Greeks.live is Professional Option Traders’ Arsenal.